STOCKCHASE

Doesn't like the business they are in. Right now, they are a “last gasp hope” company. Lost tremendous market share, especially in North America. Some carriers are starting to carry them so there is some hope but not enough to get him interested.

2011-12-14

Comment

6.850

Benj Gallander

On his stock watch list. Almost always makes money but they lost in this last quarter. Has the possibility of a major turnaround. Financials are really good. Would like to see them have a new product that would be popular.

2011-11-03

TOP PICK

8.540

Missed the smart phone business. Still the largest maker of phones globally and are a brand name in Asia. Operational ability is still great. New CEO has made some tough decisions. Switching to a new operating system. At these levels, all the bad news is in the stock.

2011-05-13

DON'T BUY

9.180

Gordon Reid

There are better choices in this space. Apple (AAPL-Q) would be a better one. Just cut 7,000 jobs, which was expected.

2011-04-27

DON'T BUY

8.550

Bill Carrigan

Chart shows lows in early 09, mid-2010 and now. If the lows are violated, it will probably go a lot lower. If you have this, make sure you have a stop at $8 and don’t let it go lower.

2011-04-01

DON'T BUY

10.760

Don Lato

Sees this as going to be a continued casualty because of all the competition in the smart phone area.

2011-01-12

DON'T BUY

10.370

Was a daring of the cell phone space. Still have the largest share of smart phones but are losing share. Have a fairly good yield, but are facing downward pressure. Balance sheet is good.

2011-01-10

DON'T BUY

10.240

Srikanth Iyer

There’s a big structural change in global markets right now. When you buy this you are saying things “might” improve. You need to own market leaders, not a value stock.

2010-12-30

DON'T BUY

9.930

Question is, will they be able to compete with iPhones, Androids and Rim’s Torch. Seems to be losing the battle in terms of handsets. New CEO. Company has a large number of issues.

2010-12-17

SELL

9.630

Losing tons of market share and their margins are collapsing. Their smart phone product has not done well. Also have a new CEO.

2010-11-25

DON'T BUY

8.660

Karl Berger

Sold his holdings about 1.5 years ago. Not following up on the strength they had in emerging markets and are being taken over by Google and Apple. Has become a software game as opposed to a hardware game.

2010-08-27

DON'T BUY

8.720

(Market Call Minute.)

2010-08-26

Comment

9.580

Jim Huang

One of the leading phone companies globally. Had a major drop when they had a quarter that was lower than analysts’ estimates. Also everyone is waiting for the next generation of cell phones in this company is playing catch-up. Not a lot of downside near-term and they pay a decent dividend.

2010-08-09

DON'T BUY

9.010

Barry Schwartz

Doesn’t have a good quality smart phone. Earnings have crumpled. Dividend is above the earnings so their will probably be a dividend cut. Loosing market share hand over fist to Chinese cell phone makers.

2010-07-20

DON'T BUY

8.480

Has been losing market share in terms of the next generation and sets and doesn't have the cool i4. It will no doubt come back and have a competitive entry in the hand phone set space but the i4 phone and the android is driving at the moment. Almost 6% yield.

2010-07-09

DON'T BUY

12.990

Good balance sheet so dividend is not at risk. Issue is that it was a leader in its field, had great supply chain management but has fallen by the wayside and has not come out with competitive products. Have a lot of sets in Asia but average selling price goes down every quarter.

2010-04-22

SELL

12.920

Smart phone is being commoditzed. If you are into Apples or Rim, you have to trade.

2009-12-29

DON'T BUY

13.000

Brett Hryb

Has been challenged over the past several years. Criticized for largely missing the boat on the smart phone trend without enough models in that space. Have reversed this and have improved their offerings but are still not penetrating into the US, which is a critical area.

2009-07-29

PARTIAL BUY

14.710

Karl Berger

Likes their reach into emerging markets and their ability to sell low-cost handsets at low margins but with great volume. Reasonable entry point but because of market volatility would suggest you take 1/3 to ½ of your position now and pick up the balance over the next 3 to 4 months.

2009-07-14

DON'T BUY

14.830

John Zechner

Everyone's moving to smart phones and this company hasn’t moved quickly enough. Apple (AAPL-Q) and Rim (RIM-T) have taken over this market because they are coming out with more economical products for carriers to sell. They are a survivor and will do well but doesn't think he would buy.

2009-07-13

PAST TOP PICK

14.750

(A Top Pick April 23/08. Down 47.03%.) Phones/cable companies were working through their inventories so demand fell. Market share fell because they were not selling the high-end phones.

2009-05-08

BUY

11.250

Until economic troubles began, this was a star performer. Hasn't been a huge participant in smart phones but this is growing. Bread and butter have been low-end phones going into developing countries. Thinks they will still be the dominant company in cell phones.

2009-03-30

BUY

11.110

Still like. Also looked at Research in Motion (RIM-T) and Apple (AAPL-Q) and all 3 have a lot of cash on the books. RIM and Nokia are trading around 11 or 12X earnings and have roughly $2-$3 per share in cash. Thinks of this one as a utility. Globally people are not getting landlines anymore but will own cell phones. This one is very cheap. Buy for the long-term.

2009-03-20

Comment

11.350

John Zechner

(Market Call Minute.) In the smart phone market they are losing incredible share to Apple (AAPL-Q) and RIM (RIM-T). At the best it is a Hold. (See Top Picks.)

2009-03-16

HOLD

12.270

Profits were down 68% because consumers are moving down from high-end phones to cheaper ones. Still have 38% market share. Expects Motorola will exit completely leaving this company more room to grow. €8 billion in cash and no debt. Best distribution and production systems. Europe, Asia, Africa and India are all Nokia. If it dropped to $10 a share with a yield of 5%, it would be a Buy.

2009-01-30

DON'T BUY

15.770

Duncan Stewart

Well run company with a global brand name. 2009 will be a bad year for cell phone sales. Also, they are losing share. Have lots of cash and pay a dividend.

2008-12-30

BUY

15.310

Very well run company and they have some great products in the smart phone side. Cell phone market is shrinking slightly, which will hurt them. Balance sheet is slightly stretched but they throw off a lot of free cash.

2008-12-22

TOP PICK

15.370

38% market share. Dominates the industry globally. Has partnered with Siemens on the infrastructure side and can compete on price. Have €6.5 billion and no debt. Dividend will probably go up again this year.

2008-12-12

TOP PICK

14.150

6 to 7 billion euros in cash. No debt. Trades at about 8 X earnings. 5.9% dividend. The leader in Europe, India, Africa and China. Can handle price competition as they have the #1 production and distribution arms. Will buy more if it gets down to the $10-$12 level.

2008-11-13

TOP PICK

20.380

20% of their stock price is cash so they don't have to worry about financing. Has 40% of the Chinese market. Well entrenched with a great manufacturing and distribution arm. Also Nokia Siemens has the structure for both 3G and 4G. Above 4% dividend yield. Trading at 6X earnings.

2008-09-16

DON'T BUY

20.050

Pat Naccarato

Not a fan of this. A commodity product. Ups and downs are very violent. Too much competition. Would rather own Intel (INTC-Q), which is the dominant franchise.

2008-09-10

PAST TOP PICK

19.890

(A Top Pick Sept 18/07. Down 44%.) Got stopped out in the mid-$30's.

2008-09-08

DON'T BUY

27.320

John O'Connell, CFA

(Market Call Minute.) Would rather own Research in Motion (RIM-T).

2008-07-31

TOP PICK

26.010

Ed Snyder

3.2% dividend and buying back 5% of their stock a year. A lot of hype on the iPhone will tend to push the stock down but this is really no threat. Throwing off tons of cash, $11 billion last year. In a good position and will get stronger.

2008-07-11

Comment

27.530

Duncan Stewart

Industry leader and profitable. Average selling prices a really coming down and if he saw any deceleration in India, China and the developing world is prices would drop faster. Reasonable at this price but he would rather own Research in Motion (RIM-T).

2008-06-03

TOP PICK

27.900

David Garrity

Dominant position in global cell phone market. It will be the company that is going to help fulfill the demand that is being created for the higher end product. Selling at about 11X earnings.

2008-06-02

BUY

28.600

Have 40% of the cell phone market and are virtually nonexistent in North America. Dominant in GSM and their biggest domination is in the developing world with the cheaper phones. They continue to gain share.

2008-05-12

BUY

28.590

Came out with their numbers and the stock fell a fair bit over the last couple of days. If you look at the numbers and take out the one-off (?), they actually met expectations. Much better run company then Motorola (MOT-N). They will continue to grow market share. They expect top line sales growth between 6% and 10%. Throw off a tremendous amount of free cash flow. Good price.

2008-04-24

TOP PICK

29.170

This company and Research in Motion (RIM-T) are leading the way and he likes this because they are paying a nice dividend of 2.7%. A contrarian play.

2008-04-23

SELL

29.000

Stock dropped 14% in one day. Street is expecting a significant slowdown in revenues and handset sales and a steady decrease in expectation of earnings.

2008-04-18

BUY

37.940

Going gangbusters. Stealing market share from everybody. Also getting into the services business, so are becoming a software business as well as a hardware business.

2007-11-09

TOP PICK

37.280

Continue to gain market share in handsets, especially in the developing world. Trying to be not only a hardware provider, but a servicer with GPS, maps, iTunes, etc.

2007-10-02

TOP PICK

35.940

Has 37% of world’s handset market. Gaining market share around the world. Absolute leader in space. Beneficiary of weaker U.S dollar.

2007-09-19

WEAK BUY

36.580

Mark Grammer

More on handset side than networking side. Seen demands for handsets, if your interested in sector this is a buy. Well run company.

2007-09-19

BUY

29.730

Doing extremely well. They are on GSM (Global Systems Mobile), rather than North America’s CDMA.

2007-07-18

STRONG BUY

27.670

Charles Lannon

Caller asked about Motorola and he started talking about NOKIA. (really pushing it).

2007-06-07

TOP PICK

27.040

Prefaced his Top Picks stating, “It is not a cheap market”. Continuously gaining market share especially in the developing world, mostly at Motorola's (MOT-N) expense.

2007-05-18

TOP PICK

25.330

One of its major competitors, Motorola (MOT-N) is in a downward spiral with no sign of turning around yet. Likes the business they are in for the developing world.

2007-05-01

BUY

25.250

Large market share in India and China. If you want to benefit from the wireless growth, this is probably the best way to play it. Price is OK if you are in for a long-term play.

2007-04-30

PAST TOP PICK

22.420

(A Top Pick April 4/06. Up 7.9%.) Its market share is growing in the developing world. Still likes.

2007-03-28

DON'T BUY

20.320

Motorola (MOT-N), Nokia (NOK-N) and Ericsson (ERIC-Q) are suffering from a glut of cell phones. Too much competition and margins are low. Most of the money is coming from emerging markets, which are cheap bottom end phones.

2006-12-07

BUY

20.460

Favourite way of playing cell phone market. Strongly gaining market share, especially in 3rd world countries, where pricing is low, but volume and expectation of growth of volume is quite high.

2006-12-05

PAST TOP PICK

20.460

(A Top Pick Jan 18/06. Up 9%.) 2% dividend yield. Still likes.

2006-12-05

DON'T BUY

20.870

Alex Ruus

Would not own any of the handset providers. Prefers the service providers.

2006-11-22

BUY

19.500

Dividend of about 2.25%. Valuation is about $30-$35, but doubts it will get there this year, maybe 5. No debt and strong cash flow. Distribution and marketing channels are 2nd to none.

2006-11-09

HOLD

19.500

Has basically been at the low end of the handset business. Cheap. New products will be coming out which could give it a boost.

2006-11-09

BUY

19.880

After going a few years of losing market share, it is now starting to gain market share, especially in developing countries. To do that, they have had to cut prices that have cut margins. Feels they have a good strategy.

2006-10-31

BUY on WEAKNESS

19.920

Probably fair value. In the gets much lower, go in big.

2006-10-30

BUY

19.390

Has slowed down the last quarter. They are suffering on the style side. Started selling low margin product in India and China as loss leaders so clients would upgrade to the higher margins. Demand is going to continue to rise. Yields 2.4%. No debt.

2006-10-20

BUY

19.710

Prefers this to Motorola (MOT-N). Cheaper and has a better potential over the long term.

2006-10-04

DON'T BUY

19.690

John O'Connell, CFA

Cellular phones is a growing market, but they have become a fashion item and the price is getting very low.

2006-10-03

BUY

20.990

Very well managed company. An absolute dominator in their industry, both on the equipment and the handset side. Problem right now is that technology is having some heavy sledding. Heading into a difficult time seasonally. If you want to own one in this group this is a good candidate.

2006-08-23

BUY

21.290

Have been selling their cheap handsets in India and China and demand for the higher end is now starting to increase.

2006-08-17

BUY

21.380

The #1 cell phone company in the world. 2% dividend. There is continued good growth. Gaining market share and new products are rolling out. Emerging markets are buying cell phones rather than using landlines.

2006-05-25

WEAK BUY

22.660

Mark Grammer

Came out with very strong earnings. They are capturing back the market share they had lost. Profit margins are going up. Very well positioned in 3rd generation telephony. From a long-term point of view, prefers Ericsson (ERICY-N) which is more on the networking side rather than the handset side.

2006-04-25

DON'T BUY

21.550

Industry is good, but in some ways, that is bad for this company. Globally the cellphone/device industry is strong and growing. It has attracted some very smart competitors into the game, which makes it hard to keep the margins up.

2006-04-18

TOP PICK

20.780

There is a lot more potential upside. Growth rate for the whole business is accelerating. They are gaining market share. They are a major player in infrastructure.

2006-04-04

BUY

20.080

David Chapman

Since 2002, the stock has been forming a big floor at about $16/17. It has had a steady rise since 2004. Make sure that the 2005 low is never taken out. It won't be an exciting play, but the longer term chart seems to indicate a huge base is being built and could take off after this is finished.

2006-03-28

BUY

18.900

Past pick, but it hasn't moved much. However he still likes it, and expects it to go up to 30.

2006-02-23

TOP PICK

18.360

This company has growth in the emerging markets. Instead of having to wait for landlines for phones, people in emerging markets can go out and buy cell phones at much cheaper prices. Has no debt and a lot of cash. They have the distribution arm and the manufacturing arm which gives them higher margins then their competition. They are gaining back market share in a huge way.

2006-01-18

BUY on WEAKNESS

15.740

Approaching fair value. In a tough business, but they are the biggest by far. Likes them as a long term play, but the business can swing around quarter to quarter. Do a great job in the emerging markets. You need a tough stomache for this one.

2005-08-22

BUY

16.200

Jonathen Wellum, B. Comm, B. Sc

Margins are very good.

2005-08-03

HOLD

18.030

Likes to Buy it when it gets hit. A little high for Buying today for them.

2005-07-19

PAST TOP PICK

17.640

(A Top Pick May 17/05. Up 1.3%.)

2005-07-12

DON'T BUY

17.500

A good company, but not necessarily a good stock. They make a great product and they keep innovating, but their competitors do to. A very competitive market and the margins are getting ground down.

2005-07-11

TOP PICK

17.270

Larry Berman CFA, CMT, CTA

Sells at a reasonable multiple. Has about a 2.7% yield. Investors haven't caught on yet that it has had 3 positive quarters in a row and has beaten the street. Market share in phones has reversed and is going up. Has 13/14 billion Euros in cash on its balance sheet.

2005-05-17

BUY

16.920

Has an interesting technical pattern right now. Recently came up to a high of $17 area and so has some natural resistance there. Finding support around the 200 day moving average. Think it resolves to the upside over the next couple of months. The most optomistic upside would be to $20. Use a stop at it's recent low of about $14.50

2005-05-11

BUY

16.160

Mark Grammer

Just came out with their numbers and they very strong, much better than expectations. Has turned the corner after missing the trend on flip phones. Strong balance sheet. The network side of the business is growing very strongly. They are #2 after Ericsson (ERICY-Q).

2005-04-27

BUY

15.260

Twice as large as their nearest competitor which has allowed them to do extremely well in the emerging market. Dominating China and doing very well in S. America and doing well in Africa and making a lot of money. Profit margins have come down, but noone gets component pricing like them.

2005-04-19

TOP PICK

16.160

Their latest product offering has been well received, so they are once again gaining market share. Have a lot of proprietary technology in 3G wireless (the next generation of wireless) which puts them in a very enviable position as other cell phone companies will have to buy that technology from them reducing their costs.

2005-03-16

PAST TOP PICK

15.980

(A Top Pick Nov 29/04. Down 2%.) Took a drop, but is now coming back. Has tons of cash. A great infrastucture business. Earnings are improving.

2005-02-23

BUY

15.760

Lowest cost provider in the wireless market. The biggest player and they benefit from that scale. Doing very well in China, Latin America and India. Had a good run recently. They bought around $12/14 and would be a buyer up to about $17 or so.

2005-02-21

DON'T BUY

13.920

Great company, but management doesn't realize that their cell-phones are a commodity, and so constantly miss their numbers. Huge amount of competition, so there are margin pressures. Networks is only a small part of their business. lots of cash.

2005-01-24

DON'T BUY

14.100

Cell phone industry is maturing which you can see through the market share swings between the different manufacturers. Pretty aggressive in addressing their product line problems from last year. Have been able to gain market share in China. Inventories are becoming really flush, so will probably see growth slow down.

2005-01-20

BUY

15.040

Glenn Paradis, BA, CFA

Had some products issues in that they didn't have the flashy product that their competitors had. Have revamped and should see a lot of new products coming out. Margins should increase.

2005-01-13

WEAK BUY

15.760

Has been pretty disappointing. Still a world leading company. Their competition has made very good comebacks at their expense. Very good margins.

2004-12-30

DON'T BUY

15.170

Had failed to keep up technologically in a very rapidly changing industry. Doesn't feel that anyone's going to get really rich manufacturing cell phones any more. Margins are being driven down.

2004-12-16

SELL

15.170

A great company, but it's going through a real flux with the industry. Product price is being commoditized. A lot of senior management are leaving.

2004-12-16

DON'T BUY

15.920

There's no question that the cellular phone boom is real, dynamic and global, but it's also unbelievably competitive. The market share that they've lost is going to be very hard to get back. Margins are going to be under relentless pressure.

2004-12-09

PAST TOP PICK

16.120

(A Top Pick June 8/04. Up 14%.)

2004-12-08

BUY

16.210

Mark Jackson, CFA

After a couple of stumbles is looking fairly attractive from a valuation perspective. There is a continued global demand for wireless product and Nokia is right in the middle. There are still opportunities for the company to do well.

2004-12-07

TOP PICK

16.370

Francis Gannon

Likes high growth companies that are still relatively cheap. Will continue to gain market share. Has some wonderful new products coming out.

2004-12-03

TOP PICK

16.450

Haven't been a fan in the past, but its market share slide has stopped and has started to reverse. Very financially secure.

2004-11-29

BUY

16.450

John Sinkins, CFA

Has launched a major comeback. Had missed their earnings for several quarters and turned themselves into a lower cost producer. Would be cautious.

2004-11-29

TOP PICK

16.210

Feels their handset business has bottomed and is starting to turn up. Coming out with good products that consumers are buying. Very financially healthy with gobs of money.

2004-11-23

DON'T BUY

16.630

Duncan Stewart

Prefers Ericsson.

2004-11-12

TOP PICK

16.630

Francis Gannon

A cheap stock. Got hurt earlier in the year, but has great fundamentals. Introducing new products. Will spend less money on R&D next year, so earnings will grow more.

2004-11-12

BUY

15.790

Ray Steele

Likes the wireless stocks. Outlook for the group is positive. Near the bottom of its range and the earnings outlook is starting to improve.

2004-11-03

DON'T BUY

15.090

Momentum is not in their favour. The last ones to come out with a flip phone.

2004-10-21

WEAK BUY

14.930